Significant Economic indicators in the Bahamas 2020

In order to assess the vitality of the Bahamian economy, there are various indicators which can be useful. These indications, Such as gross domestic product, the inflation rate and others operate as important clues in determining the the course that the economy is taking; a course which should be examined carefully before crucial business decisions are put into motion. It is not to say that the signals sent from these parameters are one hundred per cent accurate; however, that is not the intention of monitoring their movements. On the the contrary, the point should be underscored that I am only interested in these economic variables so as to obtain some useful insights into overall economic activity, nothing more, nothing less.

The strength of any economy is directly related to the value of its Currency with the Bahamian economy no exception to this principle. Hence, if the value of a country’s currency is sagging, one would generally anticipate nothing a drag on the Economy. Thus, it is of paramount important to maintain the value of a country’s currency at a reasonably high level and in order to do so, inflation must be kept under Strict control. Inflation must be controlled because it eroded the value of currency. Therefore, there is a negative or inverse relation between inflation and currency value; what this means is that if inflation is high, currency value will be low, while if inflation is low, the value of currency will be high. If a strong economy is to be achieved, to maintain inflation at reasonably low levels.

No doubt, given the strength of the Bahamian economy, one can state with high degree of confidence that inflation has; in large measure, been kept under control. COVID -19 epidemic have some negative effect on our economy we will overcome them very soon.

As far leading economic indications are concerned, it is generally agreed in economic circles that G.D.P provides the most complete and Most accurate measure of economic viability. But, what exactly is meant by the team G.D.P?. To put it simply, G.D.P is the dollar value of good and services produced within an economy over a stated time period, usually one year. Often, the terms, gross domestic product and gross national product (G.N.P.)are used interchangeably; however, there is a subtle but distinct different between the two teams. That is, the definition of the G.D.P. includes net property in foreign countries and entrepreneurial income received from abroad, Whereas G.N.P. excludes there factor.

Upon examining the gross domestic product for the The Bahamas over the period 2011–2019, a healthy, expanding economy is apparent. And will in the future after COVID -19…The key macroeconomic conditions in the Bahamas need a safety strategy where the focus is on wealth protection, .we legislation to decentralized system to move forward the Bahamas economy and new VAT tax 20% to facilitate Government fall short in it COVID -19 Economy. ..

I want my readers to be very clear, The Bahamas’ economy is at no junk bond status and the Bahamian dollar will not be devalued. As we enter 2020 we must be reminded of the fact the political drums are beating, fake news is dancing whilst our society is faced with serious challenges, crime and beaurocratic deadlock. Parydm shift in deal beaurocratic.

We must in this new economic environment in order to increase growth the government and the Bahamian private sector must be in partnership especially in the fishing industry .


The ghetto cries while the hyprocrsy is on the move and contradict the true spirit of nation building. Then I ask the question when are we going to demonstrate against poor people’s can not paid rent eat foods daily we legislation regarding rent and Montage for 9 Month have a national policy and plan in giving our awesome Bahamian people’s foods on a daily in the new budget 2020 the The ghetto cries while Thousands of Bahamian is out of jobs. COVID -19 Change the world for good the question are we ready to plan for this change?

Optimization of new economic with a emerging strategy is the key for the Bahamas.